NorthMarq completes $12 million refinance of Hilltown Village Center in Chesterfield, Missouri
Hilltown Village Center
ST. LOUIS, MISSOURI (December 18, 2019) – NorthMarq’s St. Louis-based regional office arranged the $12 million refinance of Hilltown Village Center. The 141,889 sq. ft. retail property is located at 101 Hilltown Village Center in Chesterfield, Missouri.
“Our lender provided non-recourse loan with an attractive fixed interest rate for 15 years on a 25-year amortization at 70 percent LTV for this grocery anchored shopping center."
- 15-year term
- 25-year amortization schedule
- NorthMarq arranged the permanent-fixed loan for the borrower, RIJO, Inc. through its correspondent relationship with a life insurance company.
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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
